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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Cryptos — Asian Wrap 23 October

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Cryptos — Asian Wrap 23 October
FXStreet TeamFXStreet TeamFXStreet

Crypto Today: Bitcoin price unchanged, Ethereum and XRP correct as US presidential election draws close

Bitcoin trades at $67,184 early on Tuesday. The largest cryptocurrency by market capitalization is holding steady above the $67,000 level as traders speculate on the outcome of the US presidential election. 

XRP declines 2% as SEC vs. Ripple lawsuit advances, crypto exchange Uphold expresses support to RLUSD

Ripple (XRP) lost nearly 2% of its value on Tuesday, October 22. The native token of the XRPLedger could extend its losses as XRP holders speculate the future of the altcoin, the Securities & Exchange Commission’s (SEC) lawsuit against Ripple and Ripple USD’s (RLUSD) utility and adoption among institutions. 

Crypto looks at US presidential election result to advance on legal clarity

US citizens will go to the polls to elect a new president on November 5, and their choice could be key for the future of the crypto industry and thus the price outlook for Bitcoin (BTC). While the role of crypto and how it should be regulated in the country was largely ignored four years ago, the matter has been part of the agenda during the election run-up. 

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